NASDAQ$NSSC

Napco Security Technologies Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

NAPCO reported record revenues, net income, and adjusted EBITDA for Q4 2024.

NAPCO Security Technologies reported a successful Q4 and fiscal year, marked by record revenue and net income. Q4 sales reached $50.3 million, a 13% increase year-over-year, while net income increased by 28% to $13.5 million. Recurring service revenues played a significant role, increasing 27% in Q4. The company's strong financial health is underscored by growing cash reserves and an increased quarterly dividend.

  • Net sales for the quarter increased 13% to $50.3 million.
  • Recurring service revenue increased 27% to $20.3 million.
  • Net income for the quarter increased 28% to $13.5 million.
  • Adjusted EBITDA for the quarter increased 18% to $15.4 million.

Headline financials

Total Revenue

$50.3M

Previous: $44.7M+12.7%
EPS (adj)

$0.36

Previous: $0.28+28.6%
Capital Expenditures

-$551K

Previous: $415K-232.8%
Free Cash Flow

$13.8M

Previous: $11.9M+16.1%
Net Income

$13.5M

Previous: $10.6M+27.7%
Operating Income

$14M

Previous: $11.8M+18.2%
Gross Profit

$27.8M

Previous: $23M+20.9%
R&D Expense

$3.03M

No prior period
Stock-Based Comp

$857K

Previous: $330K+159.7%

Revenue & EPS history

Napco · Revenue · Quarterly

$50.3M

Q4 2024+12.7%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Napco · $16.1M total across 1 segment · Q4 2023

  • Recurring Services
    $16.1M

Forward guidance

The company did not provide specific forward guidance but highlighted its focus on continued financial strength, product innovation, technical superiority, and strong profitability for fiscal year 2025 and beyond. They anticipate improvements in hardware sales gross margin.

Tailwinds

  • Anticipated improvements in hardware sales gross margin.
  • Focus on continued financial strength.
  • Commitment to product innovation.
  • Dedication to technical superiority.
  • Goal of strong profitability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.4%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+7.5%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+33.0%

Q1 2024

Best reaction

-26.6%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-15.2%-12.6%-22.9%
Q2 2026+11.4%+18.3%+18.1%
Q1 2026-6.8%-4.6%-7.1%
Q3 2025+3.6%+10.9%+20.2%
Q2 2025-26.6%-29.9%-33.7%
Q1 2025-6.9%+0.2%+5.7%
Q4 2024-16.4%-16.4%-25.2%
Q3 2024+7.7%+4.5%+22.0%
Q2 2024+21.3%+25.7%+14.9%
Q1 2024+33.0%+35.6%+69.5%
Q4 2023+8.9%-38.4%-38.6%
Q3 2023+20.9%+22.8%+39.2%
Q2 2023+14.3%+1.6%+8.8%
Q1 2023+8.9%+13.0%+5.0%
Q4 2022+16.3%+13.9%+17.2%
Q3 2022-2.2%+4.0%+21.9%
Q2 2022-2.9%-3.9%-0.1%
Q1 2022-5.9%-3.4%+2.5%
Q4 2021+18.5%+8.7%+18.3%
Q3 2021-1.8%-2.9%+1.5%
Q2 2021+15.1%+20.6%+33.5%
Q1 2021+10.3%+16.3%+25.3%
Q4 2020-4.8%-3.3%+5.6%
Q3 2020+12.2%+19.1%+34.0%
Q2 2020-25.6%-23.3%-30.0%
Q1 2020-0.1%-1.6%+4.3%
Q4 2019-24.0%-25.3%-26.2%
Q3 2019+12.0%+10.6%+21.2%
Q2 2019+21.8%+29.7%+32.9%
Q1 2019+12.9%+15.0%+7.8%
Q4 2018+2.0%+2.0%-3.6%
Q3 2018+7.9%+7.3%+7.8%
Q2 2018-0.4%-0.5%+1.6%
Q1 2018-3.4%-5.1%-5.6%
Q4 2017+18.6%+9.0%+28.4%
Q3 2017-5.0%-10.0%-6.7%
Q2 2017-0.6%-2.7%+6.5%
Q1 2017+4.8%+6.4%+19.1%
Q4 2016-5.9%-7.3%-2.0%
Q3 2016-0.7%
Q2 2016-2.6%
Q1 2016-4.4%
Q4 2015-3.1%
Q3 2015+2.7%
Q2 2015+8.0%
Q1 2015-6.1%
Q4 2014+5.1%
Q3 2014+7.2%
Q2 2014-5.9%
Q1 2014-1.3%
Q4 2013-1.8%
Q3 2013-1.8%
Q2 2013+2.9%
Q1 2013-3.7%
Q4 2012+7.6%
Q3 2011-7.7%
Q3 2012-7.7%
Q2 2011-10.7%
Q2 2012-10.7%
Q1 2012-1.8%
Q4 2011+1.8%
Q1 2011+1.8%
Q4 2010-2.2%
Q3 2010-0.9%

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